Industrial Production, which measures the physical output of the nation’s factories, mines and utilities is also expected Friday. Analysts look for 0.4% growth in the month of June. Industrial Production data for May rose 0.4%, higher than expectations of a 0.2% advance.
University of Michigan’s Consumer Sentiment index is to be released also Friday. Economists expect the index to be 94.6 for the month of July vs. 96 in June. |